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posted to rec.boats
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external usenet poster
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First recorded activity by BoatBanter: Dec 2010
Posts: 1,909
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New Orleans storm surge preparations.
wrote:
On Tue, 05 Apr 2011 10:28:41 -0600,
wrote:
Agreed, be it 3 years or a 100. But the land was cheap. Isn't just New
Orleans either, all over the world with more and more people, more
people live it flood areas, volcanoes and fault lines.
I live in a FEMA flood area, although we have not had a flood here for
the 150 year recorded history (and who knows when it was just indians)
FEMA will still require that if I do anything to my house that is more
than 50% of the appraised building price, I need to tear it down and
build 4 feet higher than I am now.
This has shocked more than a few of my neighbors since the houses are
appraised unrealistically low. Most houses have an effective cap of
around $30,000-40,000 on any additions or repairs.
Well, then, insist the assessors re-appraise your house at market value.
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